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Am I Paying Too Much in Taxes?

By Jacob Stewart, JD, and tax strategist at TOP CFOS

Did you pay federal income taxes last year? If the answer is yes, you more than likely paid too much in taxes. Think of all of the taxes we pay. After sales tax, gas tax, property tax, state taxes, municipal taxes, Social Security, Medicare, stamp taxes (in some states), gift taxes, transfer taxes, etc., we still have to pay taxes on our income to the federal government. As if that weren’t bad enough, at death, some people have to then pay taxes on money that has already been taxed. I’m not saying taxes are bad. They have their purpose. Read more